Show Summary Details

Quick Reference

A contract giving the right to use land or buildings for a set period, in return for payment of ground rent to the landlord. The rent payable may be fixed, or subject to periodic review. Leases may be for any period and may impose conditions on the tenant, for example concerning the maintenance of premises or the use to be made of them.

Subjects: Law — Economics.

Reference entries

See all related reference entries in Oxford Index »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.